Sodium Lactate Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
Sodium lactate is a salt derived from neutralizing lactic acid, which is produced by fermenting sugar source such as beet and corn. It has mild saline taste and the chemical formulae is NaC3H5O3. Also known as lactic acid sodium salt, it possesses high water holding capacity. Sodium lactate is naturally produced in all the animal and human muscle tissues.
The global sodium lactate market can be segmented based on form, application, and end-use industry. Based on form, the sodium lactate market can be classified into liquid and powder. In general, sodium lactate is produced in the liquid form. It is then converted into the powder form based on application. In terms of application, the sodium lactate market can be divided into acid regulator, pH regulator, antioxidant, bulking agent, preservative, humectant, and others. Based on end-use industry, the sodium lactate market can be segregated into food & beverages, pharmaceutical & laboratory, personal care, and others.
Food Industry: Sodium lactate is used as a pH regulator and preservative in the food industry. It is also used as a flavor enhancer, humectant, antioxidant, and emulsifier. It prolongs the shelf life of foods by reducing the effects of bacteria.
Beverage Industry: Sodium lactate is used as an acidity regulator and pH regulator to enhance flavor in sour drinks. It is also used as a preservative in wine processing by promoting yeast growth and preventing muddy wine.
Pharmaceutical Industry: Sodium lactate is used as a pH regulator in pharmaceuticals to relieve acidosis.
Personal Care Industry: Sodium lactate is used as humectant and pH regulator in cosmetics. It is employed in shampoos, soaps, moisturizers, and bath gels. It retains moisture and whiten skins.
Based on region, the global sodium lactate market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America holds the major share of the sodium lactate market, followed by Europe, due to the development in food & beverages and pharmaceutical sectors in the region. The sodium lactate market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to the growth in end-use industries in the region. Latin America and Middle East & Africa’s market share is likely to decline by the end of the forecast period.
The global food & beverages industry has been expanding at a rapid pace. This is estimated to boost the demand for sodium lactate as pH regulator and preservative. The personal care sector in developing countries is also growing at a fast pace. Sodium lactate is useful for creation of palm free soaps. It is used as a thicker in lotions. The pharmaceutical sector in developed nations is in the definite stage. This is poised to propel the demand for sodium lactate. Sodium lactate has certain limitations when used in medical applications. For instance, it causes fluid or solute overloading, which results in dilution, when used in excess.
Key players operating in the global sodium lactate market include Finetech Industry Limited (the U.K.), TCI America (the U.S.), Phion Ltd (the U.K.), abcr GmbH (Germany), AK Scientific, Inc. (the U.S.) , 1717 CheMall Corporation (the U.S.), King Scientific (the U.K.), MP Biomedicals, LLC. (India), Aurora Fine Chemicals (the U.S.), Labseeker (U.S.), and Glentham Life Sciences Ltd. (the U.K.).
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents
Chemicals and MaterialsSilanes Market - Global Industry Analysis and Opportunity Assessment, 2020-2030